METROPOLIS HEALTHC Mean (EMA) Diversion on Hourly time frame. *METROPOLIS HEALTHC*
Time Frame: 1 Hour
Observation:
* Mean (EMA) Diversion on hourly time frame.
Resistance/Target: 1624 1750 1856 1905
Support: Dynamic Support of 200 EMA
METROPOLIS trade ideas
METROPOLIS bull rally started!!a new fresh start, best stock for swing trading.
check out the 21 MA too.
the highlighted purple line is the actually price where the stock should be. the stock currently is very undervalued(because small caps did not perform well), but from now they will be good going, as the markets have been corrected. and nifty50 (containing blue chips) have raised, so now its time for small and mid caps to give a bull rally.
LINK OF NIFTY MID CAP ANALYSIS DOWN IN LINK SECTION.
Matropolis Health Dual double bottomMatropolis health has created double bottom on daily and weekly chart
Metroplisimportant level to observed
support : 1378 , if broken , stock may slide to 1150.
buy only above 1632 for target of 1822
Metropolis - long signal generated after long. BuyStock has been in severe downtrend. Long signal generated after long time
Longs can be taken here
Metropolis Healthcare.. bottom done?Metropolis Healthcare correction likely done
1st leg correction took 45 bars 67 days
current leg down has completed 45 days 66 days
positive divergence on daily charts
risk reward is very good
buy with SL of 1450 trgt 1850 2000 trgt might take some time for base formation
Bought few more qty for targets 1500/1600+++ #METROPOLIS Bought few more qty for targets 1500/1600+++ #METROPOLIS
Bought few more qty for targets 1500/1600+++ #METROPOLIS
Bought few more qty for targets 1500/1600+++ #METROPOLIS
METROPOLIS BUY FOR SHORT TERM SWINGMETROPOLIS looks good for busllish bet above 1628 for short term swing trading. one can enter above 1628 and hold hold with SL 1510 and can show short term target on 1700/1800/1900
Metropolis Postmartem#METEOPOLIS - #Myview
1.Fundamental Analysis
PE- OVERVALUED
Book Value- 10x Low of CMP
Intrinsic Value- 2x low of CMP
Poor Div Yield
ROE & ROCE - Okay
EPS- 41 from high of 110(Bad)
Debt to Equity- Good.
Trade Receivables- OK.
OPM- GOOD (29%)
Cash Reserves- okay
Fixed Assets- okay
Cash Flow- Negative
Promoters-8% Stake Sold since Dec20
FIIs- PUMP & DUMP DONE IN LAST 3 YEARS
DIIs- INCREASED STAKE BY 10%
Retailers- 8% Stake sold since Dec20.
Overall FUNDAMENTAL REVIEW-
STOCK IS OVERVALUED, COMPANYS BUSINESS ACTIVITY IS OKAY BUT PERFORMANCE DOWN IN COMPARISON WITH DEC2019 & SINCE then Promoters started selling their stake which is ALARMING Situation - not good signal for any company.
Final Rating- Poor
2.TECHNICAL Analysis
CMP-1605
Stock below 200DMA- DOWNTREND
Strong Support-1000
Best Level- 1000-1100(Safe)
Agressive Levels- 1200-1450.
Shared for Study Purpose Only & it's my view, i am not SEBI REGISTERED ANALYST, pls do your own research before investing.
METROPOLIS METROPOLIS bounced from a strong weekly demand zone. If able to close above 2600, can give go till 3000.
45 % ? Long in Metropolis HealthcareMetropolis Healthcare has formed an very good "triangle base" after a sudden big bear run and gave a breakout.
Divergences- RSI ,Squeeze Momentum
entry - CMP
Targets -
T1 - 2500 ( 20% )
T2 - 3000 ( 46% )
T3 - 3500 ( 70% )
Stop Loss -
SL - 1830 ( 10%)
there's a very good chance of hit rate as the fall was very sharp. ;)
Have a nice day.
. .
U
Looks great for 6 month to 1 year horizonLooks great for 6 month to 1 year horizon. SL is also favorable to RR Ratio. My SL would be around 1900
Metropolis 1dtflook like upward movement targets - 2936,3093,3273 and maintain strict stop-loss of 2618
metropolis buy ideait have a support area around green zone and stock might reverse from here. trade with a stop of 2600 for long term traders and for short term traders wait for a daily candle to form in green color and stop loss should be previous day low.
trade with strict stoploss
Breakout in MetropolisYesterday it has broken its major resistance level and currently trading its all time high. Stock would most probably touch 3650 level in coming days.
"Above Idea is for Study Purpose only, please consult your financial advisor before taking any position"
Bullish swing trade analysis in Metropolis HealtcarePrice has taken support at crucial level. Support of 50 SMA is another confirmation.
Metropolis short term tradeStock: Metropolis
Entry: Above 3070
Analysis: Currently there is pull back, and good this is 50 DMA is acting as support watch out for wide range candle and spike in volumes like i marked in the chart.
Have detailed out multiple elements on the chart, Have a close look
Looks Bullish.Metropolis was moving in a channel pattern and it broke out and again RETESTED the upper channel before making a big move today..
target 1 - 2611 ( already done)
target 2 - 2888...
Today it has been doing the ABCD pattern...impulse move, followed by pullback..and impulse move again
METROPOLIS NSE BULLISHVIEW ABOVE 3200METROPOLIS NSE Metropolis Healthcare is bullish if 3200 holds. New Lifetime High. Fresh Breakout.
***** Educational purpose only.
NSE:METROPOLIS
